Guides and updates on crypto taxation, compliance, and reporting for global users.
The new Digital Asset PARITY Act draft would extend wash-sale rules to digital assets while shielding certain regulated payment stablecoins from routine gain-or-loss recognition.
The wider crypto market downturn has investors, who didn't cash out when times were booming, panicked over how to meet tax obligations.
Among the proposals is a requirement for crypto firms to have a minimum capital of 100 million liras (roughly $6 million).
